Page-62 of Economy & Banking Current Affairs

GST Collection in January

February 1, 2023

The GST collection has been increasing in recent times. The three main reasons for the hike in GST collection are decisions made by GST Council, changes made in tax collection, and rising inflation. The highest GST Collection was achieved in ..

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Economic Survey: Health Expenditure at 2.1% of GDP in FY23

January 31, 2023

Health Expenditure has been a major concern for the government since the COVID pandemic. As the pandemic started reducing, the governments were burdened heavily to focus on the lost track of other disease elimination programs. For instance, the cases of ..

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Economic Survey 2022-23: Highlights

January 31, 2023

Economic Survey is presented a day before the Budget session. Finance Ministry prepares the survey. The survey says that in 2024, India’s GDP will be in the range of 6% to 6.8%. Public digital platforms played a major role in ..

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Recent Wave of Tech Layoffs

January 31, 2023

Layoff means removing employees from jobs. Dismissing due to a decrease in profits. When the profit of a company is not sufficient to pay all its employees, it Lays OFF. Recently, IBM (International Business Corporation), one of the largest tech ..

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IMF 4.7 billion USD support program for Bangladesh

January 31, 2023

The Bangladesh Government has been facing several macroeconomic issues. The country holds a huge current account deficit. The value of the Taka, the currency of Bangladesh has been declining. Foreign Exchange reserves of the country have been decreasing. To help ..

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UK to be country Partner for BioAsia 2023

January 31, 2023

Hyderabad is the Cybercity of India. The Genome Valley, the first world-class Biotech cluster in India was established in the cyber city. Today, the State Government of Telangana, along with the Union Government, and several other international organizations organize the ..

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What is Economic survey 2023?

January 31, 2023

The report detailing the financial status of the country is called Economic Survey. The survey is released by the Finance Ministry and submitted by the Finance Minister to the Parliament. The finance minister submits the survey report after the President’s ..

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Budget Session of Parliament

January 31, 2023

The President of India Smt Draupadi Murmu initiated the Budget Session of 2023 in the Parliament House. Murmu addressed a joint session of the parliament. The Finance Ministry will present its Economic survey ahead of the Union Budget. Every year, ..

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IMF: India’s Inflation will fall to 5% in 2023, 4% in 2024

January 31, 2023

The International Monetary Forum recently released the World Economic Outlook. According to the report, the Inflation in India is to reduce to 6.8% in March 2023. Further by the end of 2023, the inflation will reduce to 5%. In 2024, ..

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Ernakulam: First District to register 10,000 new MSMEs

January 31, 2023

The Kerala Government launched the Enterprises Campaign during its 2022-23 budget. Also, the state government declared the financial year 2022-23 as the Year of Enterprises. This was done to boost the development of the MSME sector in the state. The ..

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